The market is rebounding and the economy is strengthening; that’s how it would appear from the number of improving housing markets in June, which rose by five to a total of 263, according to the National Association of Home Builders/First American Improving Markets Index (IMI), designed to track housing markets throughout the country that are showing signs of economic improvement.
In June, 29 new markets were added to the list. New additions included:
• Tallahassee, Fla.
• Salinas, Calif.
• Sioux City, Iowa
• Chicago, Ill.
• Topeka, Kan.
• Baton Rouge, La.
• Laredo, Texas; and
• Philadelphia, Pa.
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